Active

14501 S Richmond Avenue

Posen, Illinois 60469


Kathy Jensen
773.757.8864

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$275,000


Bedrooms
8

Bathrooms
3



Property Type
Multiple Unit (2-4)
Neighborhood
Posen


HERE IS A 3 UNIT BUILDING THAT WILL PRODUCE $42,600 A YEAR!! UNDER $300,000! CAP RATE IS 11.5% . THIS BUILDING IS THE NEWEST IN THE NEIGHBORHOOD BY 30 YEARS! WHY OWN A 4 UNIT WHEN YOU CAN OWN A 3 FOR THE SAME PRICE AND RENT ROLL? THIS PROPERTY CONSISTS OF TWO- 3 BEDROOM/1.5 BATH UNITS AND ONE- 2 BEDROOM/1 BATH UNIT. ALL TENANTS PAY THEIR OWN UTILITIES (WATER,ELECTRIC,GAS). ALL OWNER PAYS IS GARBAGE AND COMMON UTILITIES. CENTRAL AIR IN ALL UNITS! LAUNDRY ROOM HAS COINED WASHER AND DRYER FOR ADDITIONAL INCOME. BUILDING CURRENTLY OCCUPIED BY 1 TENANT. 2 UNITS AVAILABLE AND READY TO RENT! SECTION 8 APPROVED! TAXES HAVE BEEN FOUGHT AND REDUCED FROM $10,000 TO $6,000! AGENT OWNED PROPERTY



Full Features
Exterior Type: Brick
Basement: None
Beds Above Grade: 8
Heating System: Gas, Forced Air
Pool: No
Age: 16-20 Years
Parking Type: Space/s
Parking Spaces: 4
Room Count: 17
Water Front: No
Square Feet: N/A
Tax Amount: $6,811
Tax Year: 2018


Taxes & Assessments
Taxes: $6,811

Listing information updated 7/15/2019 at 9:23pm


Listing Office: Keller Williams Chicago-Lakeview

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Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of Midwest Real Estate Data, LLC. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.


Posen

Posen is part of the South Suburbs. The south suburbs offer residents suburban living with convenient access to the city. Three communities within the area – Homewood, South Holland and Park Forest, have been recognized by Forbes Magazine as the…

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School District(s)
Bremen CHSD 228, Posen-Robbins ESD 143-5
Elementary School
Gordon School, Childs Elementary School, Posen Elementary School, Turner Elementary School
Middle School
Kellar School
High School
Bremen High School

School information is provided by the National Center for Education Statistics. This information should only be used as a reference and does not warrant or guarantee enrollment. Please contact applicable schools or school districts directly to verify information and enrollment eligibility.

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Nearby Public Transportation

Metra
Rock Island District, Metra Electric Blue Island Branch, Metra Electric Main Branch

at Robbins Metra (0.78 miles away), Blue Island, Harvey Metra


 





14501 S Richmond Avenue Posen, Illinois 60469 is a multiple unit (2-4) currently listed at $275,000. 14501 S Richmond Avenue features 8 bedroom(s) and 3 bath(s). This multiple unit (2-4) has been listed on @properties since July 9th, 2019 and was built in 2002. Nearby schools include Gordon School, Childs Elementary School, Posen Elementary School. The nearest transit stops include Rock Island District Robbins Metra. Want to learn more about 14501 S Richmond Avenue Posen, Illinois 60469? Contact an @properties agent to request more info.


© 2019 Midwest Real Estate Data, LLC. All Rights Reserved. The accuracy of all information regardless of source including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.